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NLS Equipment Finance Secures $20MM Financing from Bryant Park Capital

May 17, 2019, 07:20 AM
Filed Under: Industry News

Bryant Park Capital (BPC), a leading middle market investment bank with a focus in the specialty finance industry, announced NLS Equipment Finance LLC recently closed a $20 million senior secured credit facility with an alternative lender to the specialty finance sector. This new credit facility enables the company to significantly increase new asset originations throughout the U.S.

NLS is a newly established micro-ticket leasing corporation that specializes in lease financing for point-of-sale (POS) credit/debit card authorization systems and other critical business equipment. The company's predecessor has been operating in the space since 1991 and has originated over 1 million organic leases to date.

"Bryant Park Capital acted as a true partner to the company. We are now-well positioned to enhance our scale in the market and can't thank the BPC team enough for its unwavering commitment to our capital raising process," said Jay Cohen, CEO.

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